The main question addressed in the model regards which type of incentives an elected politician has to choose good or bad policies. In order to answer it, we focus on two inefficiencies, recently considered in the literature: the down-up problem and voters having bias beliefs and voting...

Contents: Preface -- Introduction: The decentralization -- Part 1 a common ambition -- 1. Blockchain: From ideology to implementation -- 2. Blockchain's toolbox -- 3. Blockchain and darwin -- 4. Decentralization? -- 5. Comes antitrust: The paradox -- Part 2 best frenemies? -- 6. The theory of...

Recommended readings (Machine generated): Jan Fagerberg, Morten Fosaas and Koson Sapprasert (2012), 'Innovation: Exploring the Knowledge Base' -- Ben R. Martin (2013), 'Innovation Studies: An Emerging Agenda' -- Eric von Hippel (2005), 'Democratizing Innovation: The Evolving Phenomenon of User...